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Parents and kids and money

As parents, we understand the importance of literacy. We sit for hours reading with our children. However, children must be “literate” about money matters, too.

Learning how to think about money and manage it wisely is an equally important life skill. We must patiently help our kids “sound out” the many ways to control money. Our kids will learn by doing. Some lessons will be thrilling. Others will be frustrating, even painful.

In the end, we hope that our children will grow into financially responsible adults. The rewards are life-altering: living within their means, free from the anxieties of debt, and secure in their future.

This section will give you tips and tools for teaching money literacy – and help you assess your ability to model good financial habits. Read on!

Just for Moms

3 Small Ways to Save Big in 2015

Whether or not you're a fan of holding yourself to strict New Year's resolutions, January is always a good time to remind yourself of healthier ways to live – both physically and financially. These easy to implement ideas can help the family budget get fit this year.

  1. Kick the habit…
    …the gourmet coffee shop habit that is. There are now many at home coffee brew options that can deliver the coffee house flavor without the coffee house cost. And leaving the lattes alone adds up… to the tune of more than $1,000 per year. This site is a great one-stop resource for all your home brewing needs.
  2. Pack a lunch
    Research shows that, on average, Americans go out for lunch twice a week and spend $10 each time. Multiply that over a year and that's a major utility bill or even a trip. Check out this savings calculator to see how big a bite you can take out of your expenses by brown-bagging it.
  3. Buy in bulk
    Packing lunches means more groceries. While most people are generally aware of the benefits of buying in bulk, maximizing savings to the fullest is a bit of science. This article covers everything you need to know to become a bulk buy pro.